This past week, the House Small Business Committee held a virtual committee hearing to vote on the Democrats' $23.6 billion hyper-partisan spending package that will cause inflation to skyrocket, ultimately raise taxes on America's small businesses, and increase red tape and unnecessary bureaucracy.
Federal regulations have crippled America's community banking industry resulting in diminished access to capital for small, micro, minority, and veteran businesses. We need to cut the red tape and allow for business to prosper freely.
I introduced an amendment to this package that would require the Small Business Administrator to testify in front of Congress twice a year, to provide Members with an update on the agency and our nation's small businesses.
Rejecting an amendment that increases transparency, promotes honesty and reduces corruption to benefit America’s small business makes no sense - yet Small Business Committee Democrats did just that. They don’t want to have to answer to the American people that they represent. Shameful.
Watch my testimony from the Committee hearing below:
Bureaucracy Is Crippling Access to Capital for Small Businesses